G. Willi-Food International

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ISRAEL: G. Willi-Food upbeat despite profit fall

31 Mar 2008

Israeli food group G. Willi-Food has said that it is “well positioned” for growth this year after reporting a 30% rise in revenue for 2007.

ISRAEL/DENMARK: G. Willi-Food seals dairy deal

15 Feb 2008

Israeli kosher foods specialist G. Willi-Food International is set to see its 90%-owned subsidiary, Gold Frost, buy a majority stake in a Danish dairy distributor.

RUSSIA: Willi-Food shelves dairy venture plan

17 Jan 2008

Israel-based food group G. Willi-Food International has put on ice plans to buy a majority stake in an unnamed Russian dairy distributor, citing volatility in the sector.

ISRAEL: G. Willi-Food to buy Shamir Salads stake

3 Jan 2008

Israeli food group G. Willi-Food has kicked off 2008 with a deal to buy a controlling stake in local dips and spreads business Shamir Salads.

ISRAEL: Willi-Food in talks to buy into halal firm

7 Dec 2007

G. Willi-Food International has revealed it is in “advanced negotiations” to buy a majority stake in Israel-based kosher and halal firm Baladi.

ISRAEL: G. Willi-Food profit down in Q3

30 Nov 2007

Israeli-based kosher food importer and supplier G. Willi-Food International has posted net income for third quarter of ILS595,000 (US$155,458), down from ILS3.8m in the third quarter of 2006.

ISRAEL: G Willi-Food signs joint venture deal

23 Oct 2007

G. Willi-Food International said today that its Gold Frost Ltd. subsidiary has signed a deal with the owners of a Denmark-based manufacturer of kosher dairy products to form a joint company.

ISRAEL/RUSSIA: G. Willi-Food to form Russian JV

22 Oct 2007

Food importer and kosher food supplier G Willi-Food International has signed a binding term sheet with the owners of a Russian dairy distributor to form a new joint company.

ISRAEL/RUSSIA: Willi-Food to buy stake in poultry firm

5 Oct 2007

Israeli food group G. Willi-Food has signed a deal to buy a majority stake in a Russian poultry firm belonging to new owner Arcady Gaydamak, the Israeli-Russian billionaire.

ISRAEL: Willi-Food sets bullish forecast after buoyant H1

28 Aug 2007

Israeli food group G. Willi-Food has forecast that annual turnover could soar by up to 40% as demand for kosher products gathers apace.

ISRAEL: G Willi-Food share sale complete

1 Aug 2007

The majority owners of G. Willi-Food Investments have closed the deal that has seen them sell 42% of the outstanding shares of the company.

ISRAEL: Strong first half forecast for Willi-Food

13 Jul 2007

Kosher food specialist G. Willi-Food International has said it expects revenue growth of around 29% for the first half of the year.

DENMARK: Arla extends Israel distribution deal

6 Jul 2007

Danish dairy giant Arla Foods has extended its distribution deal for the Israeli market. Gold Frost, Arla’s distributor in Israel, said the initial agreement, signed in 2005, has been extended until 2015.

ISRAEL: Finance appointments at G. Willi-Food

29 Jun 2007

Kosher food specialist G. Willi-Food International has expanded its finance team, the company has announced.

ISRAEL: Israeli tycoon snaps up stake in Willi-Food

25 Jun 2007

Israeli tycoon Arcadi Gaydamak has bought almost 45% of kosher food group G. Willi-Food International.

ISRAEL/US: G. Willi-Food enjoys robust Q1

30 May 2007

Kosher food producer G. Willi-Food has posted robust first-quarter results thanks in part to the acquisition of US importer Laish Israeli.

ISRAEL: Kosher group Willi Food enjoys record quarter

2 May 2007

Kosher food group G. Willi-Food has posted record quarterly revenues during the first three months of 2007.

ISRAEL: G. Willi-Food completes Baron deal

12 Apr 2007

Food importer and kosher food supplier G. Willi-Food International has sealed its venture with the Baron family.

ISRAEL: G. Willi-Food agrees US$10m private placement

5 Mar 2007

Israeli food importer G. Willi-Food has entered into an agreement with institutional investors for the private placement of approximately 1.653m G. Willi-Food shares at US$6.05 per share. The deal will generate proceeds of approximately $10m.

US: Arla receives approval to import kosher dairy

2 Mar 2007

Arla Foods has received approval to begin importing kosher dairy products into the US. The products will be distributed by Gold Frost, the US subsidiary of Israel’s G. Willi-Food.

ISRAEL: G. Willi-Food faces class action law suits

26 Feb 2007

G. WIlli-Foods, Israel’s largest importer and distributor of kosher foods, has said that it is facing two class action suits over the reduction of tuna content in its containers.

ISRAEL: G. Willi forms joint company with Baron

14 Feb 2007

G. Willi-Food International, the Israeli food importer and kosher food supplier, has joined forces with the Baron family, kosher food exporters, to form a joint global kosher trade and export company, which it says will enhance its international trade capabilities.

ISRAEL: G. Willi-Food predicts increased revenues

7 Feb 2007

Israeli food importer G. Willi-Foods has predicted a 15% year-on-year jump revenue for fiscal 2006.

ISRAEL: G Willi-Food hit by lawsuit

11 Dec 2006

G. Willi-Food International, one of Israel's largest food importers, said today (11 December) that a purported class action lawsuit had been filed against the company.

ISRAEL: G. Willi-Food profit and sales up in Q3

29 Nov 2006

Israeli food group G. Willi-Food International has posted a 20% increase in revenues for the third quarter to ILS49.4m (US$11.5m), and a 15% increase in pre-tax income to ILS6.1m.

ISRAEL: G. Willi-Food extends kosher range

8 Nov 2006

Following G. Willi-Food’s attendance of SIAL, the Paris-based international food industry event, the Israeli manufacturer and supplier of kosher foods has decided to expand its product offering in partnership with various international food producers.

ISRAEL: G. Willi-Food expects 20% revenue growth in Q3

20 Oct 2006

G. Willi-Food International has said that it anticipates revenues to increase by approximately 20% in the third quarter of 2006 over the comparable period of the previous year. The company added that it expects a revenue increase of around 22% for the first nine months of 2006.

ISRAEL: G. Willi-Food International completes placement

6 Oct 2006

Israeli food importer and kosher food supplier G. Willi-Food International has announced that it has closed its US$10.0m private placement of shares of its common stock and warrants to institutional investors.

ISRAEL: G. Willi-Food raises cash through private placement

22 Sep 2006

G. Willi-Food International, one of Israel’s largest food importers and supplier of kosher food products, has entered into agreements with institutional investors for the private placement of approximately 1.635m ordinary shares at US$6.05 per share.

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